Global Coil Coatings Market

Coil coatings are becoming an important role in various commercial and industrial sectors, because of their good physical and chemical properties. They are eco-friendly and low-toxic in nature. Their physical properties include, high tensile strength and high adhesion property. These are used as cover for coils used for electric conduction. They are also used in automobiles, both in interior and exterior parts. They protect parts from external factors like, UV radiation, pollution, heat and cold.

End-user/Technology

Major end users are various industrial sectors, which include automotive industry, appliances manufacturing industry and construction industry. Construction industries use electric wires which require coil coatings. Similarly, automotive industries use similar kinds of coil coatings in wide range of automobiles. The development of these sectors will directly affect the growth of coil coatings market.

Market Dynamics

This growing demand for infrastructure development provides continuous impetus to the construction and building industry in the Asia-Pacific, in turn, propelling the demand for coil coatings in the region. A major restraint identified in this report is the increasing usage of plastics in the automobile industry and the rising demand for solvent-free and solvent-reduced coatings.A major driver of the market identified in this report is the increasing demand from the building and construction sector. Countries such as China, South Korea, Indonesia, Malaysia and Singapore, owing to their business potential, are becoming major hosts and destinations for numerous international events. A consequent rise in the demand for high-rise buildings, shopping malls, hotels, arenas and stadiums (both outdoor and indoor) is being witnessed in the market.

Market Segmentation

Market is segmented based on end use industry type and type of resin used to make these coil coatings. The following are the types of segmentation,

Coil coatings market by end use industry type

--> Building & Construction

--> Automotive

--> Appliance

--> Others

Coil coatings market by resin type

--> Polyester

--> Siliconized Polyester

--> Plastisol

--> Other

Regional/Geographic Analysis

The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, followed by North America. Rapid development in the non-residential construction activities in APAC is expected to drive the market in the region. Moreover, the metal industry in China is poised to show huge growth during the forecast period, which is expected to drive the market further.

Opportunities

It is anticipated that development of major industries, such as construction, automobile and electronics industry will lead to increased adoption of coil coatings in the near future. The global market is highly fragmented and has the presence of large number of key players. Due to such high number of players, the competition is really high and entry to the market is quite difficult. Also, some large players have global presence with production facilities located in various parts around the globe.

Key Players

AkzoNobel, Axalta Coating Systems, BASF, Beckers, and PPG are some of the key players in the Coil coatings market.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage